The pair reached a strong level from the weekly realm, acting as resistance; the previous week, the market closed with a bearish pin bar, giving some confirmations for the downtrend movement to come.
Now moving into the intraday domain at H1, the price has failed to form a fresh HH, looking for additional bearish confirmation to place a short entry with a potential R:R | 1:5
-- *** If you like the idea, please don't be shy and click on the like button; also, comments are very welcome. | Thanks for your support!!! ***